Wipro names former Capgemini COO Thierry Delaporte as new CEO; Neemuchwala to leave on 1 June

IT major Wipro Ltd on Friday named Thierry Delaporte as chief executive officer and managing director of the company, effective 6 July, 2020.

Delaporte, who will replace Abidali Z Neemuchwala, was most recently the chief operating officer of Capgemini Group.

Until recently, Thierry Delaporte was the Chief Operating Officer of Capgemini Group and a member of its Group Executive Board. During his 25-year career with Capgemini, he held several leadership roles including that of Chief Executive Officer of the Global Financial Services Strategic Business Unit, and head of all global service lines. He also oversaw Capgemini’s India operations, and led the group’s transformation agenda, conceptualizing and driving several strategic programs across various business units.

Rishad Premji will oversee the day to day operations of the company until 5 July and Delaporte join Wipro on 6 July.

"l am delighted to welcome Thierry as CEO and Managing Director of the company. Thierry has an exceptional leadership track record, strong international exposure, deep strategic expertise, a unique ability to forge long-standing client relationships, and proven experience of driving transformation and managing technological disruption. We believe that Thierry is the right person to lead Wipro in its next phase of growth," said Rishad Premji, Chairman, Wipro Limited.

Commenting on his appointment, Thierry Delaporte said, “I am deeply honored to be invited to lead Wipro, an extraordinary company and an exemplary corporate citizen with a deep technology heritage built on a strong foundation of values. I look forward to working closely with Rishad, the Board, senior leadership and the hugely talented employees of Wipro to turn a new chapter of growth and build a better tomorrow for all our stakeholders.”

He will be based in Paris and report to Chairman Rishad Premji.

Neemuchwala will relinquish his position as CEO and MD on 1 June.

In January, Wipro had said Neemuchwala has decided to step down due to family commitments and the company's board had started scouting for his successor.

The 52-year-old Neemuchwala's term as CEO was to end in 2021.

Premji said, “I want to thank Abid for all that he has done for Wipro and for making this transition as smooth and seamless as possible despite his personal commitments.”

Rishad Premji will oversee the day to day operations of the company until 5 July.

Neemuchwala had joined Wipro in 2015 as Group President and Chief Operating Officer after a 23-year-long stint at Tata Consultancy Services.